$858 Profit
BPMXLong Stock
Entry comments: I dip bought this new earnings 10 cents/share off its day highs of .57, looks ot have lots of support at .46-.47ish so limited risk buying such a big drop, but ti's still up nearly 20% on the day so I think it just got ahead of itself...my goal is to sell in the high 50s or even low 60s later today or tomorrow, midday choppiness means it's ONLY a dip buy if I decide to add to my position
Exit comments: Weird price action, I did some test orders and executions were not going through...also, looks to be having trouble at yesterday's afternoon highs of .54 so I'm not sure it'll even have the strength to test yesterday's/multi-week highs of .57-.58 so I sell here just to play it safe...I'm also watching DRYS, CBIO and PIR too many plays today aye aye aye
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Position Updates
- Dec 14, 16 11:55 AM: Bought 23000 at 0.48 - I dip bought this new earnings 10 cents/share off its day highs of .57, looks ot have lots of support at .46-.47ish so limited risk buying such a big drop, but ti's still up nearly 20% on the day so I think it just got ahead of itself...my goal is to sell in the high 50s or even low 60s later today or tomorrow, midday choppiness means it's ONLY a dip buy if I decide to add to my position
- Dec 14, 16 2:19 PM: Added 12000 at 0.49 - I added to my position for probable overnight hold as despite the overall market selling off 1%, this now has a base at .48, up from .47 when I was originally buying and .46 around its 10:30am lows...slightly higher lows is a good sign, and it's holding onto 20%+ gains today so my goal is still to sell in the high .50s tomorrow
- Dec 15, 16 8:03 AM: Added 5000 at 0.475 - Good morning! I scooped the low volume premarket sells on this one as it had support all yesterday at .46-.48 so I expect that to hold and also it dropped a bit premarket yesterday before spiking to .57 just after the market open so my goal is to sell into a similar spike...be careful, this one moves fast hence why I ONLY dip buy it, I don't chase it up
- Dec 15, 16 8:34 AM: Sold 40000 at 0.50 - Weird price action, I did some test orders and executions were not going through...also, looks to be having trouble at yesterday's afternoon highs of .54 so I'm not sure it'll even have the strength to test yesterday's/multi-week highs of .57-.58 so I sell here just to play it safe...I'm also watching DRYS, CBIO and PIR too many plays today aye aye aye
| Date | Price | |
|---|---|---|
| Entry | 12/14/2016 | 0.4824 |
| Exit | 12/15/2016 | 0.504 |
- Total Views1,693
- Position Size40,000
- Percentage4.48%
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valuesniperDec 14, 16 12:28 PM
May be I'm wrong financial statements look terrible.
torres69Dec 14, 16 2:24 PM
@valuesniper that is why is called day trading. We don't care much about financials, we are not planning to hold for long
westrade87Dec 14, 16 2:45 PM
it's good
WeAreNoEquaLDec 15, 16 8:10 AM
? What's that mean?@deathdealer55
1
deathdealer55Dec 15, 16 8:14 AM
It just means look when he says he bought, there are huge spikes in stock value when he puts tens of thousands of dollars in to them. Idk why it's funny to think about, I just can't imagine having that kind of weight
WeAreNoEquaLDec 20, 16 9:42 AM
@deathdealer55 word lol
